Gold Closes Quietly into the Weekend

Gold Closes Quietly into the Weekend 1/29/2016 Commentary for Friday, Jan 29, 2016 (www.golddealer.com) – Gold closed up $1.20 at $1116.80 in another round of ho-hum trading but it did end the week up $19.00. Which is not much considering the FOMC stood-pat on interest rates and released information that…

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Gold Closes Virtually Unchanged

Gold Closes Virtually Unchanged 1/28/2016 Commentary for Thursday, Jan 28, 2016 (www.golddealer.com) – Gold closed down $1.20 on the Comex today at $1114.90. So gold is hanging “around” so to speak but a lower closed today is not good considering the aftermarket yesterday was up as much as $8.00 after…

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Gold Closes at 3 Month Highs

Gold Closes at 3 Month Highs 1/26/2016 Commentary for Tuesday, Jan 26, 2016 (www.golddealer.com) – Gold closed up $15.50 on the Comex today at $1121.70. This will be described as a combination of safe-haven buying and technical follow through – but there is something that is just not right with…

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Gold Moves Above $1100.00 Again

Gold Moves Above $1100.00 Again 1/25/2016 Commentary for Monday, Jan 25, 2016 (www.golddealer.com) – Gold closed up $9.00 on the Comex today at $1106.20 – which is good but without some follow-through momentum this pitch up remains part of the defensive picture. Normally – as the technical picture improves this…

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Gold Settles Quietly – Somewhat Lower

Gold Settles Quietly – Somewhat Lower 1/22/2016 Commentary for Friday, Jan 22, 2016 (www.golddealer.com) – Gold closed down a tepid $1.90 today on the Comex at $1097.20. The trading pattern for gold today was more defensive than anything else – it opened lower trading as low as $1095.00 before turning…

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Gold Once Again Wakes Up

Gold Once Again Wakes Up 1/20/2016 Commentary for Wednesday, Jan 20, 2016 (www.golddealer.com) – Gold closed up $17.20 on the Comex today at $1107.10 in another surprise move – as world stock markets once again falter and safe-haven buying is brought out again from the back burner. I’m usually not…

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